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budget deficit topped $1 trillion in fiscal 2012. that's our fourth-largest budget deficit since world war two. that held wall street's gains in check: the dow rose 2.5 points, the nasdaq fell five. the s&p down four. for the week, the major averages were all off more than 2%. the nasdaq was hit the worst, down almost 3%. >> susie: a new housing boom? >> susie: a new housing boom? a lot of talk and headlines about a recovery in housing. even consumers are feeling more confident as they see signs of a pick up in housing. next week we'll get more direction on where the nation's housing market is headed with the latest monthly numbers on new home construction and sales of existing homes. diane eastabrook reports. >> reporter: it looks like the housing market is finally emerging from its long funk. in august existing home sales increased nearly 8% to their highest level in more than two years. home construction is gaining steam along with builder confidence. and the standard and poors case shiller home price index which tracks home price
budget deficit topped $1 trillion in fiscal 2012. that's our fourth-largest budget deficit since world war two. that held wall street's gains in check: the dow rose 2.5 points, the nasdaq fell five. the s&p down four. for the week, the major averages were all off more than 2%. the nasdaq was hit the worst, down almost 3%. >> susie: a new housing boom? >> susie: a new housing boom? a lot of talk and headlines about a recovery in housing. even consumers are feeling more confident...
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Oct 12, 2012
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is borne by the high income earners. he will keep saying this 5 trillion plan, i suppose. it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> well, let's talk about this 20%. you have refused, and again, to offer specifics on how you pay for that 20% across-the-board tax cut do you actually have its specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics, do you have-- do you know exactly what are you doing. >> look at what a rom-- look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base. and they worked together to fix that. what we are saying is, here's our framework. lower tax rates 20%. we raise about 1.2 trillion through income taxe
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is borne by the high income earners. he will keep saying this 5 trillion plan, i suppose. it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> well, let's talk about this 20%. you have refused, and again, to offer specifics on how you pay for that 20% across-the-board tax cut do you actually have its specifics or...
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Oct 10, 2012
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be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. >> narrator: bipartisanship was long buried. now there was open antagonism. >> when that collapsed and when that ended up in that terribly muddy compromise that nobody liked, i think that was the turn. i think at that point he and everybody around him decided, "this isn't working and we're not going to work this way." >> and the american people i think are fed up with political posturing and an inability for politicians to take responsible action as opposed to dodge their responsibilities. >> we've seen his approval ratings on the economy dip... >> narrator: three and half years after he came to washington on a promise of change... >> obama is under 50% approval rating... >> narrator: ... barack obama returned to the campaign trail himself changed. >> a difficult road ahead for the president... >> i think you see today a president obama with a thicker skin, more jaundiced eyes, has grown more skeptical, even cynical perhaps, about washington. >> n
be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. >> narrator: bipartisanship was long buried. now there was open antagonism. >> when that collapsed and when that ended up in that terribly muddy compromise that nobody liked, i think that was the turn. i think at that point he and everybody around him decided, "this isn't working and we're not going to work this way." >> and...
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Oct 12, 2012
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, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that could shut down the transportation system, military networks, and military systems. secretary panetta's remarks came yesterday in new york city. >> frank, five words. you deserve to be here. [applause] ladies and gentlemen, it is now and high honor to introduce the most talented, versatile, and experienced leaders in american government, a man who serves our country by meeting the extraordinary challenges of our times. i am sure secretary of defense, leon panetta thinks on his days in the u.s. army intelligence where he received the army accommodation metal. he chaired the house budget committee before moving on to
, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that...
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Oct 10, 2012
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who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut our investments in education or clean energy or research or technology. that's not a jobs plan. does not plan to grow the economy. that is not change. that is a relapse. we have been there and we have tried that. we are not going back, we are moving for. that's why i'm running for a second term as president of the united states. -- we are moving forward. [cheers and applause] we've got a different view about how to create jobs and prosperity in america. a strong economy does not trickled down from the top. it grows from a thriving
who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut...
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Oct 11, 2012
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bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the last two years. some of your big trading partners like spain, ireland, italy are separating less by us. it makes it harder for us to pay off our debt. but here is the crucial thing you need to know. yes it is worse than we thought and yes it is taking longer but we are making progress thanks to the good result of george osborn we've cut off the deficit. 25%. that has helped to keep our interest rates at record low levels. keeping the market is low. more money in your pockets, giving businesses more confidence to invest, creating more jobs. and if you don't bel
bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the...
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Oct 9, 2012
10/12
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CNBC
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it's okay to reduce the deficit, just not in my backyard. >> right, right. same issue with oil. >> we'll take a break. we are coming back with the closing countdown and a recap of the date in a moment. >> and just moments away from the kickoff of earnings season. this is what we've been waiting for. alcoa chairman and ceo klaus kleinfeld will join us. you're watching the "closing bell" on cnbc, first in business worldwide. ally bank. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ame
it's okay to reduce the deficit, just not in my backyard. >> right, right. same issue with oil. >> we'll take a break. we are coming back with the closing countdown and a recap of the date in a moment. >> and just moments away from the kickoff of earnings season. this is what we've been waiting for. alcoa chairman and ceo klaus kleinfeld will join us. you're watching the "closing bell" on cnbc, first in business worldwide. ally bank. why they're always there to talk....
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Oct 10, 2012
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some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and see people grasp it. if it helps move things forward, that is my intention and i hope that's what happens. >> i want to double-check in terms of major retirement entitlement reform. one of the big issues is raising the age. are you taking it off the table? >> no, i am not taking anything off the table. i have been personally against raising the age. i continue to be. i have never on any of these issues say i will not support this bill. i don't think raising the age will happen. i think there's a lot of opposition to it. >> you just mention
some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and...
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Oct 13, 2012
10/12
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finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society. he wants to do that by the end 6 his first term. right now government spending is at 25% of gdp. let's shed some more light on what romney's america would look like. kevin hassette is an economic adviser for mitt romney. stevon moore is an editorial writer for "the wall street journal." my good friend christine romans is the host of "your botto line" right here on cnn. folks, no party or ideological spin today, no using the name obama or the term democrat. pain the me a picture of what the world looks like under romney four years from
finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society....
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Oct 9, 2012
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rainfall deficit for the month and year as well. at the airport, a degrees short of the average. we spent a few days i and this weather pattern. 28 was the low. the first officially observe to snowflakes fell. that is the earliest we have had snow. our snow season is officially underway. there was some snow in the mountains of western virginia. the drizzle and moisture trying to move off the mid-atlantic. a lot of low level of moisture, resulting in low clouds and fog. 50's in most areas. 61 at the naval academy. 62 in downtown baltimore. it will not be as chilly but it will be cloudy and the winds are nearly calm. the sunset at 6:30 p.m. the next front shows up well on our satellite reiter composite. a band of showers approaching chicago. snow mixed in with clear. the energy will stay to the north and the front will fizzle out here. southwest winds will scour out the morning clouds and were mess up. expecting 70 degrees in many areas tomorrow. the showers around metro new york tomorrow. it -- most of the sprinkles are north of there and there is a minimal chance for a sprinkle t
rainfall deficit for the month and year as well. at the airport, a degrees short of the average. we spent a few days i and this weather pattern. 28 was the low. the first officially observe to snowflakes fell. that is the earliest we have had snow. our snow season is officially underway. there was some snow in the mountains of western virginia. the drizzle and moisture trying to move off the mid-atlantic. a lot of low level of moisture, resulting in low clouds and fog. 50's in most areas. 61 at...
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gerri: romney's court in that debate on issues that he really wanted to talk about, jobs and the deficit. my understanding is that you just looked at this today and found obama scored 20 on the deficit and romney scored 41. when the team to jobs, 24357. run the way out ahead >> obama keeps saying, romney's test plan will go below this $5 trillion : the budget. the other line, i have this $4 trillion plan. there is no plan. i have to blame people in the media. they are correctly pressing romney to be more specific about his plans, but i don't think that the press has been even handed in asking barack obama about his plan. you keep saying have a $4 trillion plant. i have not seen it. here is nother issue along those lines. the president has gone so negative year. calling romney a liar which is something you don't typically do. >> i live in virginia, so we are just saturated. everytime you turn of the tv. football game, fox news. one after anotr, and these guys almost all of the obama ads are-. and that -- and not so sure that works so well for an incumbent is tgo after the opponent like th
gerri: romney's court in that debate on issues that he really wanted to talk about, jobs and the deficit. my understanding is that you just looked at this today and found obama scored 20 on the deficit and romney scored 41. when the team to jobs, 24357. run the way out ahead >> obama keeps saying, romney's test plan will go below this $5 trillion : the budget. the other line, i have this $4 trillion plan. there is no plan. i have to blame people in the media. they are correctly pressing...
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. >> and despite budget deficits, those costs are going up. >> many large jurisdictions offer no such benefit to top officials, but despite a declining population and ever- growing budget pressure, the city not only keeps executive protection in place. it allows it to grow. >> good morning. >> baltimore mayor stephanie rawlings-blake has quite the on to rosh. she arrives in a city suv. -- has quite the entourage. she is protected by city police officers whose sole duty is to provide executive protection. it all comes at a cost. for the last year, over time alone was $103,750. substantially higher than the cost for fiscal year 2011. one big reason? the unit got bigger. it grew from three officers to seven officers. the mayor's security troubles with her out of time. that added another $7,700 the last fiscal year. take that plus the overtime costs and the minimum salaries -- the overall cost is enough to cover the starting salaries of 10 police officers. executive protection is also provided to the police commissioner, even though the commissioner carries a drug. two officers made $36,0
. >> and despite budget deficits, those costs are going up. >> many large jurisdictions offer no such benefit to top officials, but despite a declining population and ever- growing budget pressure, the city not only keeps executive protection in place. it allows it to grow. >> good morning. >> baltimore mayor stephanie rawlings-blake has quite the on to rosh. she arrives in a city suv. -- has quite the entourage. she is protected by city police officers whose sole duty...
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Oct 11, 2012
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this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this is up the ante for tomorrow night, fox business will continue to cover the crucial debates, tomorrow. vice president one in milwaukee. joining us tomorrow is sarah palin, many, many more. and that fiscal cliff, more like a bunny slope. "new york times" and saying, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but first the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to following, you better dri
this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this...
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Oct 6, 2012
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when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times of fiscal economic crisis are put aside. it is ideological and i think the term "common-sense" is a terrific one to achieve and try to revive that one as you talk to c-span and agitate your committee. host: let's go back to the bus. john, what is your question? >> how is mitt romney going to be able to win independent voters after he alienated them in the primary? guest: i think that debate over night, which you watched as a student of political science and journalism -- he pivoted to some of the positions that he explicitly set aside during the primaries, where he became truly one of the most --
when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times...
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Oct 12, 2012
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the deficit $207 billion less than last year. the congressional budget office estimates close to 7% of our nations gross domestic product. meanwhile, apple expected to unveil its mini ipad at an invitation-only event october 23 according to all things digital. days before microsoft unveiled a new surface tablet and operating system windows 8. there has been much speculation apple was planning a smaller, less expensive version of its popular ipad. lowe's stock on the rise after ubf confirmed that by rating. seeing a growing housing market in turn would help drive earnings higher. continuing our "countdown to the closing bell" with liz claman. liz: one day after its ipo, shares of one company workday are up big. when you look at a company that does these things and has a good product in a good service, that is all it takes. lauren: it is actually the biggest tech ipo since facebook went public back in may. workday having a fantastic day, surging 78% right now. a really pretty logo. just under $50, the software company, the market c
the deficit $207 billion less than last year. the congressional budget office estimates close to 7% of our nations gross domestic product. meanwhile, apple expected to unveil its mini ipad at an invitation-only event october 23 according to all things digital. days before microsoft unveiled a new surface tablet and operating system windows 8. there has been much speculation apple was planning a smaller, less expensive version of its popular ipad. lowe's stock on the rise after ubf confirmed...
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Oct 14, 2012
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. >> the four deficits are the four large zest u.s. history. he is adding as much debt -- >> the debt held by the public having increased by about 79% by upon. so when obama came to office, there was an officially projected deficit of $1.2 trillion. so he's not on the took for all of that. >> so, some good advice -- >> they blame to take the factual high ground and then go on to distort some of the facts. in our experience, any time a political campaign tells you they're giving you the facts, you're probably about to be bamboozled. >> special interest groups are spending big bucks trying to sway voters. it would pave the way for a casey know in prince georges county. that's on base to exceed candidate spending in the past two governor's races combined. there has also been big spending for question six that would uphold a state law. groups supporting and opposing that law have spend more than $4 million -- >> a coalition of religion groups are set to call on metro. the coalition that includes representatives from christian, jewish and muslim gro
. >> the four deficits are the four large zest u.s. history. he is adding as much debt -- >> the debt held by the public having increased by about 79% by upon. so when obama came to office, there was an officially projected deficit of $1.2 trillion. so he's not on the took for all of that. >> so, some good advice -- >> they blame to take the factual high ground and then go on to distort some of the facts. in our experience, any time a political campaign tells you they're...
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Oct 11, 2012
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and we' telling washington, you are running a trillion deficit for a fourth year in a row. you can borrow money almost for nothing, why not wait another year or two, who wants to take the fall? who wants to take the politic heat if you can borrow money from 70 basis pois for 5 years, that is what they are doing now. neil: building another bubble? >> a debt bubble. neil: bursthen a depression. >> i don't know, we've never been there before, we never had a tral bank tha -- central bankt printed this much money. neil: you don't think it can walk back the graveya much longer. >> i don't tnk so. neil: okay, if you have a lead suit, you buy it. david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] th
and we' telling washington, you are running a trillion deficit for a fourth year in a row. you can borrow money almost for nothing, why not wait another year or two, who wants to take the fall? who wants to take the politic heat if you can borrow money from 70 basis pois for 5 years, that is what they are doing now. neil: building another bubble? >> a debt bubble. neil: bursthen a depression. >> i don't know, we've never been there before, we never had a tral bank tha -- central...
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Oct 7, 2012
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national deficit. >> the son of the trouble was campaigning on friday. joining volunteers at the republican had p headquarte in ohio. with the new license headquarters. and also sharing energy tips and sharing information about his father. the next presidential debate is on october 15th new york and next week, joe biden and paul brien will take the stage. and kron 4 will have that life. go to our new channel. comcast 193 for the latest news, weather and traffic updates and to watch all the presidential speeches. uninterrupted. and on digital 4.2. this radical moslem terror charges are in new-york. these men were extradited from england. he is facing charges of consume conspiracy. d in oregon. christine has more. >> radical extremists and four other men are right in the u.s. early saturday from london. they are facing terror charges went london saying that they could be extradited and immediately. some of these men are being held at the manhattan correctional facility before their fourth court appearance. egypt was one of the highest profile radicals spea
national deficit. >> the son of the trouble was campaigning on friday. joining volunteers at the republican had p headquarte in ohio. with the new license headquarters. and also sharing energy tips and sharing information about his father. the next presidential debate is on october 15th new york and next week, joe biden and paul brien will take the stage. and kron 4 will have that life. go to our new channel. comcast 193 for the latest news, weather and traffic updates and to watch all...
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Oct 10, 2012
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MSNBC
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts over the past week to put that number in perspective. here's some more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doct
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts over the past week to put that number in perspective. here's some more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that...
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Oct 7, 2012
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adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who goes to college, which means they spend more money. calls for a $5 trillion cut. he is saying he will pay for it deductions. he has been asked how he would deductions. them. when you add up all the loopholes and deductions that all away. you do not come close to paying for $5 trillion. that is why independent studies looking at this said the only way to meet governor romney's deficit or not adding to theclass families. where people at the top are doing well while middle-class families are burdened further, that is not what i believe is a recipe for economic growth. >>
adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who...
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Oct 13, 2012
10/12
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CNN
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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Oct 9, 2012
10/12
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WUSA
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. >>> controlling the deficit is one of the key issues of campaign 2012. this week, a group of bipartisan senators is meeting in virginia to try to keep the nation from falling off the so called fiscal cliff. the group of eight senators, four republicans and four democrats, is expected to meet for three days to try and reach a deficit reduction proposal that's acceptable to congress and the president. the fiscal cliff refers to budget control measures scheduled to take effect at year's end, including tax increases and spending cuts. >>> today attack now on the u.s. consulate in libya. one of the men responsible for u.s. diplomats in libya said he knew there were security issues there long before the deadly attack in benghazi. he's scheduled to testify tomorrow. sheryl atkinson has his story. >> reporter: lieutenant colonel andrew wood last set foot in libya in february to elite a security team with expertise in counterterrorism. from the moment he arrived, he says he saw chaos. >> shooting instances occurred. many instances involving the local security gua
. >>> controlling the deficit is one of the key issues of campaign 2012. this week, a group of bipartisan senators is meeting in virginia to try to keep the nation from falling off the so called fiscal cliff. the group of eight senators, four republicans and four democrats, is expected to meet for three days to try and reach a deficit reduction proposal that's acceptable to congress and the president. the fiscal cliff refers to budget control measures scheduled to take effect at year's...
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so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it is replacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life relationships, yes. >> i noticed people used to go to a coffee shop, or a bar, to hang out with people. now, people are chatting on line. is this a real thing? or are we just caught up in this addict society? or an addict nation? because everybody is addicted to something. >> you know it is a new substance to become addicted to. but people who are unable to self-regulate, and experience the withdrawals, it is a very real thing, don. >> so are there people who specialize in the behavior? >> anybody who experiences it can be treated, but look at your own fam
so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it is replacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life...
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113
Oct 6, 2012
10/12
by
CSPAN
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eye 113
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you're going to have $1 trillion deficit. he said i have not done anything yet. >> we can not keep looking our children in the eye knowing that we're going to give them a diminished future because we're spending their money today. it is a very simple idea. mayor ron and i am going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get this balanced budget. we must get this debt under control. >> congressman paul ryan and joe biden will face off in their only debate. martha margaret. you can watch and engage with our live in debate preview starting seven got p.m. eastern filed by the debate at 9:00. your reaction at and 30 p.m. -- at 10:30 p.m. >> c-span's debate website provides life and on demand coverage of all the presidential and vice- presidential debate. is on a place for you will see live coverage before and after the debate. it has each debate question as a separate. what your critics clips as well and read streaming tweets from political reporters. go to c-span.org
you're going to have $1 trillion deficit. he said i have not done anything yet. >> we can not keep looking our children in the eye knowing that we're going to give them a diminished future because we're spending their money today. it is a very simple idea. mayor ron and i am going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get this balanced budget. we must get this debt under control. >> congressman paul ryan and joe biden...
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224
Oct 9, 2012
10/12
by
WBAL
tv
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just over 25 inches for the year and we're running a deficit of over 7 inches. the high today, 15 degrees below the average of 69. the record low below freezing in 2001. it is chilly and 53 at the inner harbor. at the eastern shore, temperatures are cool. we're running into the low 50's. there you see the cold producing this out today in the mountains. 34 in oakland. there are freeze warnings in effect for the western sliver of allegheny county and into the mountains of west virginia. we will stay here, mainly cloudy and a chance of a brief sprinkle. this weather disturbances in the upper levels of the atmosphere. it is moving east and it will take the showers offshore. we may get a break for two in the clouds before the next front roles in wednesday afternoon. there will be important for the orioles heading of i-95 to new york. a few breaks in the cloud cover. temperatures will recover. here comes the next front and there are some showers in the catskills west of new york at 7. we should clear out most of the mid-atlantic and northeast going into thursday. for
just over 25 inches for the year and we're running a deficit of over 7 inches. the high today, 15 degrees below the average of 69. the record low below freezing in 2001. it is chilly and 53 at the inner harbor. at the eastern shore, temperatures are cool. we're running into the low 50's. there you see the cold producing this out today in the mountains. 34 in oakland. there are freeze warnings in effect for the western sliver of allegheny county and into the mountains of west virginia. we will...
WHUT (Howard University Television)
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725
Oct 10, 2012
10/12
by
WHUT
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there's been a passage about deficit-reduction and he said the labor party just wants to keep borrowing. he says if you look at the two sides of the world there's china which is much more lean and has proper education and infrastructure. if you look at the west, he says you've got overregulated, welfare system, there's too much fat. i think he's trying to urge the british people to realize they need to change or they will join the slide. >> thanks very much for that. as the conflict continues in syria, activists estimate the death toll is 32,000 and there is a staggering damage to the country's infrastructure, the economy, and culture. a region in western syria along the mediterranean remains largely untouched by the violence. the ancestral home of president assad's family and his minority alawite people. >> another day dawns along the mediterranean. ease in manyd parts of syria anymore. the only fighting is between friends on jet skis on this part of the coast. i arranged to meet a group of him students at a popular cafe. they come from the many ethnic and religious groups. they coexis
there's been a passage about deficit-reduction and he said the labor party just wants to keep borrowing. he says if you look at the two sides of the world there's china which is much more lean and has proper education and infrastructure. if you look at the west, he says you've got overregulated, welfare system, there's too much fat. i think he's trying to urge the british people to realize they need to change or they will join the slide. >> thanks very much for that. as the conflict...
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Oct 8, 2012
10/12
by
WUSA
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we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about one tenth of 1%. we should solve the deficit. >> it sounds like you say keep it. >> i'm saying look at everything but look at it in the context what it will kofl. our bigger is not carried interest it's the deficit and the $16 trillion of debt. that's a far greater problem. >> what would you do and what would you recommend whoever the next president do to solve the fiscal cliff crisis? >> first what i would recommend and again i was in government and i didn't solve all these problems so i'm not a person that has all the solutions but what i would recommend the next p
we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about...
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Oct 9, 2012
10/12
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KPIX
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. >> in division history only four teams have come back from a 2-0 deficit. >> let's make it five and six. >> which team do you think can do it? >> i'm a big guy. love the a's. both these teams can come up off the mat. the a's have a better shot because they're big hitters. >> they have big power. i want to thank everybody to walked in the alzheimer's walk. we raised $850,000. and you can still contribute as we continue our search to find a cure for alzheimer's. >> good work you do. >> thank you everybody who participated. that's awesome. you've been so dedicated to that cause. >> it's a good cause. >> and maybe
. >> in division history only four teams have come back from a 2-0 deficit. >> let's make it five and six. >> which team do you think can do it? >> i'm a big guy. love the a's. both these teams can come up off the mat. the a's have a better shot because they're big hitters. >> they have big power. i want to thank everybody to walked in the alzheimer's walk. we raised $850,000. and you can still contribute as we continue our search to find a cure for alzheimer's....
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Oct 9, 2012
10/12
by
CSPAN
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eye 88
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we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to the extent possible. in figuring out which credits and deductions to eliminate, we must draw a line when it comes to protecting the middle class. we must understand that many of the expenditures in the tax code are not loopholes at all. tax preferences, things like a college education and retirement savings belong in the tax code even after reform happens. they were put in the code on purpose, to make a middle-class lifestyle accessible and sustainable for american families. tax reform recognized this in 1986 even as we cleared out
we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to...
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Oct 12, 2012
10/12
by
WMAR
tv
eye 101
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the economy -- few questions, the economy, $16 i(kñtrillion deficit. 2r @&c% tár'g a mess. s iy]lj what is your solution to this? wof eaq most x?c7ñpoliticians and voter to the problem. 9odaho:cazyñb promise more government. 2012 what we í > is less government. if you want to address the debt and stww/.Ñ less government goispending. address unemployment, we need less government interference with the economy. we need less government manipulation, banking and housing sectors that made the interest rates mdogñ$'&b7>q. housing sjxsna1prices cbequall >> one ú9tz lch ~;jvñeducation is always going Òhas hard. to different things. we need a diversity of approaches in the education, if last thing we should do Ñ"o nationalize education from a department out of washington. one size doesn't fit all in education. washington doesn't know best. we should get rid of federal education department and not because it's too expensive because we care so much and we are paying right now to harm our children, we should stop. >> afghanistan, do you see an end in sight? >> we went in
the economy -- few questions, the economy, $16 i(kñtrillion deficit. 2r @&c% tár'g a mess. s iy]lj what is your solution to this? wof eaq most x?c7ñpoliticians and voter to the problem. 9odaho:cazyñb promise more government. 2012 what we í > is less government. if you want to address the debt and stww/.Ñ less government goispending. address unemployment, we need less government interference with the economy. we need less government manipulation, banking and housing sectors that...
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Oct 12, 2012
10/12
by
CNNW
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eye 229
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with the hands in the cookie jar taking it out for obama care. >> those are great sound bite, but how do we get to the truth in those comments. paul ryan stuck by his proposals at the debate last night. only he said, partially privatizing medicare will not turn into a vo
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm...
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to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifteen of the next general election september's a target on the u.s. consulate in benghazi libya which killed them by so there was an organized terror act not part of a mass protest that was the bottom line of wednesday's congress hearing on the internet office's responsible for the safety of u.s. grounds and leave their testified security had severely decayed since the ousting of norma khadafi retired cia officer ray mcgovern says the congressmen are trying to score points instead of getting to the root of the problem. if you listen to political carnival this is representative trying to make political points now they're trying to get hillary clinton for a lack of understanding what security is needed that's where they should try to. get every clue because the words she and
to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifteen of the next general election september's a target on the u.s. consulate in benghazi libya which killed them by so there was an organized terror act not part of a mass...
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71
Oct 8, 2012
10/12
by
WJLA
tv
eye 71
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
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146
Oct 14, 2012
10/12
by
CNN
tv
eye 146
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not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on him and he has not fully answered it. and again, if the math is wrong, i think you need more specifics about what deductions he would remove to show that the math adds up with what he wants to do. >> this tuesday, the contenders square off, 7:00 p.m. eastern time is when our coverage begins and the debate will be moderated by cnn's candy crowley. >>> because of its questionable voter registration tactics in florida, here's cnn's joe johns. >> he's a veteran gop operative who just doesn't seem to go away. just a few weeks ago a wave of bad publicity hit -- disavowed by the
not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on...
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Oct 14, 2012
10/12
by
KTVU
tv
eye 285
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obama campaign has said romney's efforts disrupt pbs and federal funding will do little to help the deficit problem. >>> president obama take a break from the campaign trail. in his address, he talked about the rebounding auto industry. and that has been a topic to run his campaign. he says a few years ago, the industry was struggling. and now auto sales are at four year highs. >> this is something the american people should be proud of. it is a reminder that when the american people put their minds to something, there is nothing we cannot do. >> after the address, the president took off for virginia to prepare for the town hall style debate coming up this week. that debate is scheduled for tuesday, the 16th at 6:00 p.m. it is being held at a university in new york. those in the audience can ask the candidates about foreign and domestic policy issues. it will be moderated by cnn reporters. >>> as governor of massachusetts, mitt romney spent more than 400 days out of state during his four year term. that is according to a newly published report. the new york times says romney spent much of t
obama campaign has said romney's efforts disrupt pbs and federal funding will do little to help the deficit problem. >>> president obama take a break from the campaign trail. in his address, he talked about the rebounding auto industry. and that has been a topic to run his campaign. he says a few years ago, the industry was struggling. and now auto sales are at four year highs. >> this is something the american people should be proud of. it is a reminder that when the american...
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Oct 10, 2012
10/12
by
CSPAN2
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eye 157
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deficit exceeding 11% of its gdp. now we and the royal of reducing the deficit. the very important issue is about the capacity of the government to get to the 6% public sector deficits. as the greek of skepticism in the markets, the capacity of the government. the government is confident that we can get to this figure. if they work to get their it will be very important positive message from market. spain is able to comply with the objectives of production in private sector deficit. next year for a half percent. going into less than 3% the year after. is that going to be easy because when you have the economy in a recessionary environment it's very difficult to increase revenues and is very difficult to reduce the expenses because a lot of expenses are linked with the macroeconomics situation. in terms of the financial sector we had to address a problem of real-estate -- real funding, the capacity and corporate governance and transparency. most of this issue is linked with the saving banks because by definition this saving banks were operating with real-estate th
deficit exceeding 11% of its gdp. now we and the royal of reducing the deficit. the very important issue is about the capacity of the government to get to the 6% public sector deficits. as the greek of skepticism in the markets, the capacity of the government. the government is confident that we can get to this figure. if they work to get their it will be very important positive message from market. spain is able to comply with the objectives of production in private sector deficit. next year...
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Oct 7, 2012
10/12
by
CSPAN
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eye 107
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we are ready to have a deficit reduction bill that is big, bold and balanced. but we also understand that and in addition to spending cuts coming up to have some revenue. and i hope that moderate republicans will be empowered to negotiate that with us for the good of the country. >> when we come back in november, all of the members of congress, including some of the tea party members to vote to defeat this year, will still be your, -- will still be here. how do you navigate that if democrats are successful in november? >> again, i am not really thinking about the day after. i am focused on how do we get to a position where we win the house representatives and then we can reach out across the aisle and talk to moderate republicans and maybe even to some tea party republicans who have now learned the lesson first hand, as painful as it may be, that extremism is just not a virtue. and maybe we will be able to talk some sense into them and get back to where we were in the debt reduction talks last august. three times, we had a debt reduction deal with john boehner
we are ready to have a deficit reduction bill that is big, bold and balanced. but we also understand that and in addition to spending cuts coming up to have some revenue. and i hope that moderate republicans will be empowered to negotiate that with us for the good of the country. >> when we come back in november, all of the members of congress, including some of the tea party members to vote to defeat this year, will still be your, -- will still be here. how do you navigate that if...
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Oct 13, 2012
10/12
by
KOFY
tv
eye 210
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but came back from a 6 nothing deficit. we look 6 nothing deficit. we look ahead to the nlc then don't miss sleep train's wbest rest event.st ever? you'll find sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. get your best rest ever from sleep train. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> coming up tonight at 11. latest on breaking news. it was people being rescued right now off a boat in trouble in san francisco bay. also 2 bay area cities targeted by crooks dressed up as city workers. what to watch out for. >> this. took more than 50 years and a lot of obstacle now south bay woman has her college degree. her amazing story and more coming up 7 news at 11:00 over on channel 7. but now the washington p national. >> larry is wrong. >> i'm not projecting the cardinal
but came back from a 6 nothing deficit. we look 6 nothing deficit. we look ahead to the nlc then don't miss sleep train's wbest rest event.st ever? you'll find sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. get your best rest ever from sleep train. superior service, best selection,...
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Oct 11, 2012
10/12
by
WJLA
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. >> we cannot afford another series of budget deficits of roughly $1 trillion per year. this is not just bad for the economy. it's bad for jobs. >> brandi hitt, abc news, ky. >> during tonight's debate, log on to wjla.com/react from your compatible smartphone tablets or browser and give us your reaction. we will show the results on abc 7 news at 11:00. we are looking at 48 degrees >> . still to come, an update on a man brutally beaten near the eastern market area in the district. captioned by the national captioning institute --www.ncicap.org-- >> thursday morning, welcome back. adam caskey and with a look at your forecast. it may be a lot cooler today than yesterday by about 10 degrees. tomorrow will be verisimilar but breezy. you'll notice the wind on friday. 45 now in frederick, 47 in martinsburg, 32 in oakland maryland. 53 at reagan national. 62 degrees today for the high temperature with a good amount of sunshine. blue skies. the average high is 70. we will be close to 60. mid 60's tomorrow with scattered clouds and a northwest breeze at 10-15. we will talk about th
. >> we cannot afford another series of budget deficits of roughly $1 trillion per year. this is not just bad for the economy. it's bad for jobs. >> brandi hitt, abc news, ky. >> during tonight's debate, log on to wjla.com/react from your compatible smartphone tablets or browser and give us your reaction. we will show the results on abc 7 news at 11:00. we are looking at 48 degrees >> . still to come, an update on a man brutally beaten near the eastern market area in the...
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Oct 14, 2012
10/12
by
WBAL
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eye 103
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he should be angry these people have the gall to talk to him about the deficit, the gall to talk to him about foreign policy. chris: one more time, before you get back to this, it seems to me biden did a couple of things on thursday night this week. one, he opened up this abortion debate. maybe it was a good question by martha raddatz. maybe it was too broad, but they narrowed it in a second. they both gave elm passioned arguments. but the one by ryan said if i get a shot i'm going to outlaw abortion, i'm going to ban it, and biden said now we live in a society where we're telling everybody else how to live by law. does he charge at romney, who's been dodge-balling this issue for weeks now? >> sure. abortion is one of those issues where it's harder to make us sort of tack to the center. you're on one side or you're on the other side. to some extent one of the things i noticed is that no social issues came up at all and it worked to romney's advantage, because he was able to make this rhetorical shift and moderate a lot of his -- chris: single women going to him in those days afterwards.
he should be angry these people have the gall to talk to him about the deficit, the gall to talk to him about foreign policy. chris: one more time, before you get back to this, it seems to me biden did a couple of things on thursday night this week. one, he opened up this abortion debate. maybe it was a good question by martha raddatz. maybe it was too broad, but they narrowed it in a second. they both gave elm passioned arguments. but the one by ryan said if i get a shot i'm going to outlaw...